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| Variable Reduction
 

Statistical
Consultancy

> Descriptive Techniques

> Accuracy/Reliability

> Relationships

> Variable Reduction

> Identification of Groups

> Evaluating Complex
> Products/Services


> Data Fusion

> Modelling

Often the large volume of data available is not just because of the number of records but because there are many variables held within each record. Often these are just subtly different measures of the same item or attitude. These techniques are used to reduce the number of variables by combining the information into new variables that can then be used in further analysis. By themselves they can be used to identify, say, the main attributes of respondent attitudes.

Factor Analysis
There are a number of factor analysis techniques that are designed to reduce the number of variables to a number of underlying variables. They analyse interrelationships among a large number of variables and ‘explain’ these in terms of common underlying dimensions, known as factors. The aim is to produce the smallest number of factors, or new variables, with least loss of data.

 
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